Hedge fund seeder NewAlpha: From seed arrangement to closing the fund to new investments

Jul 21 20113 Comments

Seeding platform NewAlpha is owned by OFI, a EUR 49bn French pioneer in multi management owned by two large French insurance groups, Macif and Matmut. In 1998, OFI seeded ADI which grew into a EUR 7bn alternative investment manager. In 2003, ADI created NewAlpha as incubation platform. In 2008 OFI bought back NewAlpha from ADI.

Until July 2011, NewAlpha has analyzed 1150 seeding projects and seeded 16 managers. The firm plans to seed four more in the second half of 2011. NewAlpha sees increased interest from institutions worldwide and family offices to finance hedge fund seed deals and expects significant growth and opportunities for incubators and investors particularly in Asia in the next decade.

In this Opalesque.TV BACKSTAGE interview, NewAlpha CEO Antoine Rolland shares some success stories of his firm, where within few years after the seed arrangement emerging managers had to close their fund to new investments. He also explains how a manager's decision on fund structure and target volatility can mean success or failure for him, and how NewAlpha is different to other seeding firms.

NewAlpha has been nominated to manage the first investment tranche focusing on absolute return managers of the new French national seeding fund EMERGENCE set up to help develop domestic talent. EMERGENCE is backed.by Finance Innovation, a Paris-based business and research cluster and Paris Europlace, the body created by the major French institutions to promote and develop the Paris fnancial market [less]

Seeding platform NewAlpha is owned by OFI, a EUR 49bn French pioneer in multi management owned by two large French insurance groups, Macif and Matmut. In 1998, OFI seeded ADI which grew into a EUR 7bn alternative investment manager. In 2003, ADI created NewAlpha as incubation platform. In 2008 OFI bought back NewAlpha from ADI.

Until July 2011, NewAlpha has analyzed 1150 seeding projects and seeded 16 managers. The firm plans to seed four more in the second half of 2011. NewAlpha sees increased interest from institutions worldwide ...more

Talkback3 Comments

Please use the comment feature below for your feedback, or email me at knab@opalesque.com. Thank you!

Matthias Knab Posted On Dec 23 2011

Hi Jeff, thanks for the feedback! We will probably make the transcripts of the videos available as download to Opalesque users, that may help going forward...

Besides that, we are always happy when our videos get forwarded, "liked" or shared...

Best, Matthias

Matthias Knab Posted On Jul 28 2011

Another great interview. Matthias, please add more descriptions of the content of these interviews. I forwarded this piece to a friend who is interested in Korean investments, who otherwise would have been unlikely to have seen or selected this interview from its title.